HDFC Bank’s shares are in focus after the lender posted a 2.2% YoY growth in net profit for Q3FY25, reaching Rs 16,736 crore, which fell short of Street estimates. The bank’s net revenue grew by 6.3%. Analysts recommend a ‘Buy’ rating due to strong asset quality and improvements in deposit market share.
Sebi set to launch new UPI mechanism for MFs, brokers
SEBI introduces a new UPI handle, @valid, for registered intermediaries like brokers and mutual funds, starting October 1st, to enhance transaction security. This initiative aims